Tag: NGX
-
Nigerian Stock Market: Investors record N260bn Weekly Gain
The Nigerian stock’s investors gained N260 billion at the end of trading last week as 32 firms embraced rise in the share prices. All-Share Index and market capitalisation appreciated by 1.12 per cent and 1.16 per cent to close the week at 42,353.31 and N22.11tn one-to-one. Alike, all other indices finished higher, with the exception…
-
Auction on MTN Nigeria Stocks Drive Market 1.8 Percent Lower
Equities exchanging at the Nigerian Exchange Limited (NGX) kept up with negative persist as Investors auctions off MTN Nigeria shares which dove by 10% at the end of exchanging exercises on Wednesday. Precisely, the benchmark index declined by 1.8 percent to close at 42,463.16 premise points. The Year-to-Date gain of the All Share Index (ASI)…
-
NGX: Investors lose N11bn as Stocks Slid Further
Nigerian Stock Exchange lost N11.02bn at the end of trading on Wednesday as banking stocks declined for the eighth consecutive trading day. This has brought negative effect as the NGX All-Share index dropped by 0.05 per cent from 38,873.85 basis points to 38,852.69bps, while the market capitalisation declined from N20.25tn to N20.24tn. All trading indices…
-
Nigerian Stock Market Starts a New Week with N20bn Loss
Investors in the Nigerian stock market lost close to N20 billion on Monday as the market capitalization sloped downward from N20.29 trillion to N20.27 trillion at the close of trading. Following closely, banking, insurance and consumer goods sectors are the most affected. The All-Share Index ended the session with a loss of 37.45 points or…
-
Nigerian Stock Market Reverses Previous Day’s Gain as Investors Lose N30bn
Trading at the Nigerian Exchange Limited (NGX), Yesterday, September 16, 2021 closed negative as the benchmark index lower by 0.2 percent. Consequently, the sell-offs of FBN Holdings’ and Wapco’s stocks largely contributed to the decline in the NGX’s All Share Index (ASI), after recording respective 1.3 per cent and 2.2 per cent losses in share…
-
Public Interest in MTN Nigeria, 13 Other Lift Stock Markets by N24.92bn
The Nigeria equities market sustained prior day’s gains by N24.92 billion, due to buying interest in MTN Nigeria Communications and 13 other companies. Yesterday, at the close of trade, the Nigerian Exchange Limited (NGX) All Share Index (ASI) increased by 47.84 basis points, representing a growth of 0.12 per cent to close at 38,968.34 basis…
-
Nigerian Exchange Group: Investors Record Huge Loss
On Wednesday, investors in the equities market of the Nigerian Exchange Limited (NGX) lost a sum of N2.44bn owing to sell-offs of some banking stocks. The Nigerian Exchange (NGX) All-Share Index plunged marginally by 0.01 per cent to close at 39,545.67 basis points from 39,550.36bps recorded on the previous day – Tuesday. It was gathered…